UJP inks deal to pro­mote ha­lal park

New Straits Times - - Business -

United Malayan Bhd sub­sidiary UMLand J-Biotech Park Sdn Bhd (UJP) has signed an ini­tial deal with two par­ties to pro­mote Jo­hor Ha­lal Park. UJP signed a me­moran­dum of un­der­stand­ing with Cos­metic & Per­fumery As­so­ci­a­tion of Hong Kong Ltd and Per­sat­uan Ang­gun Me­nawan Malaysia to bring in po­ten­tial in­vestors from Hong Kong, Ma­cau and China to the park. The deal was de­signed to tap into the grow­ing US$407 mil­lion (RM1.82 bil­lion) mar­ket of toi­letries and cos­met­ics, it said in a state­ment yes­ter­day.

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